Trading TAVA Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Trading TAVA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rob L. who wrote (432)	5/20/1998 4:24:00 PM
From: Joseph J. Valenzuela	Read Replies (1) of 655

That has been "oversold" since Monday. I let that cloud my thinking when I reinitiated my trading position at 11 1/2. It is not unusual for a security to remain oversold (or overbought) for a long period of time. I've said it here before (but I didn't listen to myself this time), it is wise to wait for the security's price to change direction before taking your position . Moreover, is TAVA trading or trending? For our the investors' sake, we better hope that we're trading here. Otherwise, our oscillating indicators like stochastics and Williams %R are going to cause us to be whipsawed. I'd like to see what happens when TAVA tests the 50 day MA. Happy trading, Joe

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next